MT-FAST, a fuel-saving device jointly developed by NYK Group company MTI Co. Ltd. and Tsuneishi Holdings Corporation, has now been installed on over 500 vessels. Operational data has proven the device to be effective in saving fuel.MT-FAST is…
MT-FAST Fuel-saving Device Installed on 500 Vessels Read More »
Delivery of the Hong Kong-flagged vessel is scheduled by August 5
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Fincantieri Marine Group announced today that, following a successful six‐year tenure as the company’s President and Chief Executive Officer, Francesco Valente has announced his intention to step‐down from the position to assume another leadership role…
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The dry bulk market is still trying to find a new balance, amid China’s economical repositiona and shifting trade patterns. For instance, coal trade routes are changing on the back of stricter rules and the need for low sulphur coal. However, the…
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Attempts to assess China’s macro-economic outlook have been complicated by the ongoing trade dispute with the USA. Greater negative risks are implied by trade tension. So far, consequences for China have been limited and the economy has performed solid…
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